cens logo

These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.


Photo credit: UDN

Machine tool orders fall, signal concerns

May 17, 2022

Taiwan Machine Tool and Accessory Builders' Association Hsu Wen-hsien said on Monday that prices for international steel, nickel, copper, and other raw materials have soared, coupled with the uncertainty of the Russian-Ukrainian war, domestic machine tool factories' have seen a recent decrease of orders around 20%. The association has decided to adjust the export forecast of machine tools this ye...


Auto parts suppliers brace for order surge post lockdowns</h2>

Auto parts suppliers brace for order surge post lockdowns

May 16, 2022

Auto parts and components were affected by the COVID-prompted lockdowns in various Chinese cities, leading to expected losses in revenue and profit in the first quarter. However, after May, various regions have gradually reopened and resumed work, and auto factories have stepped up the pace of delivering orders. Laster Tech Group and Yingli-KY are among the suppliers optimistic about the performa...


EV-related revenue to bolster new growth records: Chroma Corp.</h2>

EV-related revenue to bolster new growth records: Chroma Corp.

Apr 29, 2022

Measuring instrument maker Chroma Corporation reported significant growth due to the company's increased investment in electric vehicle applications at its earnings call and estimated that combined revenue trends for turnkey applications could remake company history in the future. Chroma Corp. said that 54% of Q1 revenue came from measuring instruments and automated inspection equipment, follo...


Q1 sees record electric-powered vehicles and scooter license registrations</h2>

Q1 sees record electric-powered vehicles and scooter license registrations

Apr 28, 2022

The Directorate General of Budget, Accounting and Statistics' latest statistics report, electric vehicle sales are seeing a significant uptick. In Q1, 20,000 new license plates for electric-powered scooters and vehicles were added to the market, with 17,000 for scooters and 3,000 for vehicles, respectively. From a YoY perspective, the growth marks a 67.2% increase, primarily fueled by electric sc...


First EV bus total solution exported to Japan this week from RAC</h2>

First EV bus total solution exported to Japan this week from RAC

Apr 21, 2022

RAC Electric Vehicles cooperated with Japan's Sumitomo Corporation to develop, design, and assemble electric buses that comply with Japanese regulations, officially exported to Japan this week. These electric buses will undergo demonstration runs in Japan. RAC Electric Vehicles representative said this project was especially noteworthy, as it is considered the first MIT electric commercial ve...


Lithium iron phosphate batteries to dominate EV market in 2024: TrendForce</h2>

Lithium iron phosphate batteries to dominate EV market in 2024: TrendForce

Apr 19, 2022

Impacted by the rising prices of raw materials for electric vehicle power batteries, in the first quarter of this year, many global new energy vehicle brands, including Tesla, BYD, Weilai, Ideal, and Volkswagen, are forecasted to raise the sales prices of EVs. TrendForce says power batteries are the core components that make up the highest cost of EVs and reducing the cost of power batteries w...


How will Advantech's new foray into the EV bus market fare?</h2>

How will Advantech's new foray into the EV bus market fare?

Apr 15, 2022

Advantech, the leading benchmark company in industrial computers, has joined hands with Caiying New Energy to build Taiwan's first self-made hydrogen energy electric bus. Although not much has been revealed by Advantech regarding its plans in the field of new energy vehicles and automotive applications, the company has accelerated its investment in related businesses in recent years; notably, ...


Taiwan's machinery exports make record monthly high in March: TAMI</h2>

Taiwan's machinery exports make record monthly high in March: TAMI

Apr 12, 2022

Taiwan Association of Machinery Industry (TAMI) announced today that the export value of machinery in March was USD$3.157 billion, an increase of 9% compared with USD$2.897 billion in the same period last year. It has grown for 19 consecutive months compared with the same period of the previous year and hit a record monthly high. If calculated in New Taiwan dollars, the value of machinery expo...


TECO Electric & Machinery EV truck to be delivered by end of year</h2>

TECO Electric & Machinery EV truck to be delivered by end of year

Apr 08, 2022

TECO Electric & Machinery's ambitions in the electric vehicle market are remarkedly proactive, with the company announcing a new president that has an automotive industry background, Chairman Chiu Chun-chi also pointed out that the company is also dedicated to developing EV powertrain systems. Throughout the latter half of 2021 and this year, TECO Electric & Machinery continues to promote results...


Photo credit: UDN/Reuters

US-based EV orders bolster domestic suppliers

Apr 07, 2022

Precision stamping company China Fineblanking Technology (CFTC) reported consolidated revenue of NTD$260 million in March, marking a record-high in the same period. The supplier has said the growth is largely fueled by increasing demand from U.S.-based electric vehicle (EV) companies and expects orders from European brands to buoy revenue growth month-by-month in the first half of 2022. Heavy...